Wednesday, August 17, 2016

Fatfish to ally with European VC and raise US$9.2M to take on SE Asia-based tech comp

*The joint venture, Mountain Asia, aims to build tech companies in Southeast Asia ASX-listed Singapore-based VC Fatfish Internet Group*is in talks to join forces with Swiss-based venture builder Mountain Partners AG (Mountain), aiming to raise AUD 12.3 million (US$9.2 million) by selling certain assets — in a special purpose vehicle — to the European VC....
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